CONCERN FOUNDATION

EIN: 237002878 501(c)(3) Philanthropy & Grantmaking

LOS ANGELES, CA

Total Revenue
$2,431,187
Total Expenses
$2,589,586
Total Assets
$10,302,865
Net Assets
$8,525,880
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
CA
Principal Officer
DEREK ALPERT
Phone
3103606100
Tax Period
2024-01-01 to 2024-12-31

CONCERN FOUNDATION, founded in 1968, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Net assets of $8.5M represent 42 months of operating reserves.

Mission

TO DISTRIBUTE RESEARCH GRANTS WORLDWIDE TO FUND CANCER RESEARCH.

Program Service Accomplishments

Program 1
Expenses: $1,949,413

TO RAISE AND DISTRIBUTE FUNDS TO SUPPORT PROMISING SCIENTIFIC LABORATORY WORK IN THE FIELD OF CANCER RESEARCH. THE FOUNDATION ALSO HOSTS TWO ANNUAL OUTREACH ACTIVITIES FOR CHILDREN STRUGGLING WITH...

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TO RAISE AND DISTRIBUTE FUNDS TO SUPPORT PROMISING SCIENTIFIC LABORATORY WORK IN THE FIELD OF CANCER RESEARCH. THE FOUNDATION ALSO HOSTS TWO ANNUAL OUTREACH ACTIVITIES FOR CHILDREN STRUGGLING WITH CANCER IN OUR COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,344,561
Program Service Revenue $0
Investment Income $351,800
Other Revenue $-265,174
TOTAL REVENUE $2,431,187

Expense Breakdown

Grants Paid $1,807,000
Salaries & Benefits $573,780
Fundraising Expenses $484,545
Program Expenses $1,949,413
Other Expenses $208,806
TOTAL EXPENSES $2,589,586

Year-over-Year Comparison

2024 2023 Change
Revenue $2,431,187 $1,711,550 +0.4%
Expenses $2,589,586 $2,185,452 +0.2%
Net Income $-158,399 $-473,902 -0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
51
Independent Members
49
Employees
6
Volunteers
100

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$300,054
Total Directors
51
$300,054
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK ALPERT PRESIDENT 40.00
Officer Director
$259,869 $40,185 $300,054
LORENE GOLDMAN BOARD CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LISI TELLER VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MICHAEL FIRESTEIN SECRETARY/LEGAL COUNSEL 1.00
Officer Director
$0 $0 $0
BRIAN ANASTASIO BOARD MEMBER 1.00
Director
$0 $0 $0
EDEN ANASTASIO BOARD MEMBER 1.00
Director
$0 $0 $0
BILL BARNETT BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE BARNETT BOARD MEMBER 1.00
Director
$0 $0 $0
HARVEY BEESEN BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY BLECKER BOARD MEMBER 1.00
Director
$0 $0 $0
SHELBY BLECKER BOARD MEMBER 1.00
Director
$0 $0 $0
JABARI BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY BRUCKER BOARD MEMBER 1.00
Director
$0 $0 $0
SUE BRUCKER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN CARROLL BOARD MEMBER 1.00
Director
$0 $0 $0
LEXY CARROLL BOARD MEMBER 1.00
Director
$0 $0 $0
JACLYN ROSENSON CLIFFORD BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY EISENSTADT BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID ENTIN BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS ESTES BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE FORTNER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE FREED BOARD MEMBER 1.00
Director
$0 $0 $0
JIM FREEDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MARNI GLICK BOARD MEMBER 1.00
Director
$0 $0 $0
BOB GOLDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALIZA GOLDSMITH BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE GOTTLIEB BOARD MEMBER 1.00
Director
$0 $0 $0
FARHAD HANASAB BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE HANASAB BOARD MEMBER 1.00
Director
$0 $0 $0
IVAN KALLICK BOARD MEMBER 1.00
Director
$0 $0 $0
ALLIE LEHRMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MAX LISZT BOARD MEMBER 1.00
Director
$0 $0 $0
LATIMER LORENZ BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE MASSI BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC MASSI BOARD MEMBER 1.00
Director
$0 $0 $0
IAN METROSE BOARD MEMBER 1.00
Director
$0 $0 $0
LAURI METROSE BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK MOTTEK BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA NICASTRO BOARD MEMBER 1.00
Director
$0 $0 $0
BETTINA TENDLER O'MARA BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY OTELSBERG BOARD MEMBER 1.00
Director
$0 $0 $0
RICK POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
LORI RUBIN BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD SHAMES BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE TELLER BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY TELLER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE ULLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN HIRSCH WOHL BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH ZALBEN BOARD MEMBER 1.00
Director
$0 $0 $0
MYRNA ZIMMERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,431,187 $2,589,586 $10,302,865 $-158,399
2023 $1,711,550 $2,185,452 $10,046,196 $-473,902
2022 $3,012,671 $1,718,648 $8,969,682 $1,294,023
2021 $2,826,481 $1,990,023 $8,993,790 $836,458
2020 $2,160,688 $2,016,337 $8,297,280 $144,351
2019 $4,097,022 $1,914,682 $7,990,867 $2,182,340
2018 $2,224,176 $2,174,803 $5,410,012 $49,373
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